Texmaco Wins Rs 1.41 Billion Wagon Supply Order

31 May 2025 CW Team

Texmaco Rail & Engineering Limited, a part of Adventz Group, has secured an order worth Rs 1.41 billion from the Ministry of Railways for supplying flat multi-purpose (FMP) wagons. The new contract aims to enhance India鈥檚 freight infrastructure and modernise cargo movement.

The FMP wagons are designed to carry steel coils, ISO containers, military vehicles, and support Roll-on/Roll-off (RoRo) operations. These versatile wagons are built for adaptability and efficiency across multiple sectors including defence and logistics.

By accommodating one 40-foot or two 20-foot ISO containers and enabling the transportation of loaded or empty trucks, the wagons significantly reduce transit time and logistics costs. Their induction aligns with broader goals of promoting sustainability and integrated transport.

With this latest order, Texmaco鈥檚 total order book now stands at Rs 71.15 billion. The company operates seven manufacturing units across West Bengal, Gujarat, and Chhattisgarh and collaborates with global players like Wabtec and Touax to expand its international presence.

Source:Business Standard

Real Estate

12 Jun 2025

Inspira Realty Plans 8-10 Redevelopment Projects in Mumbai

Inspira Realty, a leading Mumbai-based developer and a part of Inspira Global, has announced plans to undertake 8鈥�10 new redevelopment projects across the city鈥檚 key western and southern corridors. With this expansion, the firm is poised to exceed its current Gross Development Value (GDV) of Rs 40 billion and drive forward its urban transformation agenda. The company has commenced the financial year with two development agreements signed in Borivali and Santacruz (W) and is actively negotiating further acquisitions. These projects, expected to span a construction area of 4 million sq ..

Real Estate

12 Jun 2025

U-Sphere Bags First Private Project with Ceenex in Thiruvananthapuram

U-Sphere, the high-tech construction arm of ULCCS, has secured its first major private sector project: the design and construction of a new training facility for Canada-based Ceenex Global Computer Private Limited in Sasthamangalam, Thiruvananthapuram. The agreement was signed by Remeshan Palery, Director, U-Sphere, and Muhammed Irfan, Director, Ceenex Global. As part of the project, U-Sphere will deliver the core structural framework and building envelope within a fast-tracked seven-month schedule. This facility will serve as a key hub for Ceenex鈥檚 initiatives across e-governance, heal..

Equipment

12 Jun 2025

Godrej Motor Solutions Targets Rs 10 billion Revenue by FY28

The Motor Solutions business of the Godrej Enterprises Group is aiming for Rs 10 billion in revenue by FY28, with 20 per cent of this expected from exports. For FY26, the business is targeting Rs750 crore, driven by demand growth across electric vehicles (EVs), HVAC, pumps, and actuators in both domestic and international markets. Xercsis Marker, EVP & Head, Motor Solutions Business, Godrej Enterprises Group, said, 鈥淲e are strengthening our manufacturing capabilities through significant R&D investments and advanced technology adoption. We continue to invest in t..